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Medical Office Development
For Sale
$2,310,000

731 Zena Rucker Road, Southlake, TX 76092

CommercialSale, Southlake, TX

Property Size6,000 SF
Lot Size2.25 Acres
Price / SF$385
Days on Market100

Property Features for 731 Zena Rucker Road

General Information

Property type Commercial Sale
Property subtype Office
Property condition Under Construction
Zoning description Commercial
Subdivision Pecan Creek
Directions Use GPS
Standard status Active
APN 41186796
Size 6,000 SF
Lot size 2.25 Acres

Taxes and HOA fees

Tax Description PECAN CREEK BLOCK 1 LOT 4
Tax Annual Amount 23692
Legal Description PECAN CREEK BLOCK 1 LOT 4

Utilities

Heating system Electric (Heating), Central
Cooling system Electric, Central Air

Building Details

Year built 2025
Floors in Building 1
Number of units 1
Listing Agency: Vision Commercial Real Estate
Listed By: Trenton Price · License #0652029
Added: Jul 10 Changed: Sep 13 Last Checked: Oct 17 at 2:06AM
MLS# 20696453

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This medical office development includes two buildings and approximately 6,000 square feet of property size, with suites ranging from 2,900 to 11,400 square feet. The project is under construction and includes central electric heating and central air conditioning. Completion is identified for Spring 2025.

The property is located in Southlake near Park Village, Shops of Southlake, and Southlake Town Square, all within walking distance. It is also directly next to Rockenbaugh Elementary School and occupies a 2.252-acre site.

Key Highlights

  • Two‑building medical office development
  • Suite availability ranges from 2,900 to 11,400 SF
  • Approximately 6,000 square feet of property size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$103,680
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,073,600 $2.1M
Cap Rate 7%
$1,481,143 $1.5M
Cap Rate 9%
$1,152,000 $1.2M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$184.3K $30.72/SF
− Vacancy
−$46.1K −$7.68/SF
EGI
$138.2K $23.04/SF
− OpEx
−$34.6K −$5.76/SF
NOI
$103.7K $17.28/SF
Area
Tarrant County, TX
Vacancy
25.00%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,073,600
Cap Rate 7%
$1,481,143
Cap Rate 9%
$1,152,000

Alternative Uses

Best Use
Office B
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,680 @ 7.0% cap · market cap 4.49%
Second Best
Healthcare Medical
$1.47M
$1.29M – $1.71M (±1% cap)
NOI $102,816 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,744 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,525
Businesses Nearby
Balanced
Demand for This Use

Demographics for 76092, TX

31,924
Population
9,886
Households
3.2
Avg Household Size
42
Median Age
75%
College-Educated
99%
High-School Grad
22.7 sq mi
ZIP Area
1,406
Density / Sq Mi
$250,001
Median Household Income
$123,882
Median Earnings
$3,501
Median Rent
$956,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Kitten to Cat Hospital — 205 Miron Dr, Southlake, TX 76092
  • Animal Healthcare Clinic of Southlake — 1615 E Southlake Blvd, Southlake, TX 76092
  • Smart Pet Hospital & Health — 200 Vlg Ctr Dr, Southlake, TX 76092

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-building medical office project under construction with central heating and cooling systems.
Where is this medical office space located?
The property is located at 731 Zena Rucker Road Southlake, TX.
What is the asking price?
The asking price for this property is $2,310,000.
What are key features of this property?
This property features: Two‑building medical office development; Suite availability ranges from 2,900 to 11,400 SF; Approximately 6,000 square feet of property size
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